Price for Clock Movements; Complete and Assembled, Electrically Operated in India - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in India (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in India (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in India
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in India
Price for Clock Movements; Complete and Assembled, Electrically Operated in India (CIF) - 2022
The average import price for clock movements; complete and assembled, electrically operateds stood at less than $0.1 per unit in 2022, declining by -50.9% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47%. Over the period under review, average import prices attained the maximum at $0.1 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($0.3 per unit), while the price for Hong Kong SAR (less than $0.1 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clock Movements; Complete and Assembled, Electrically Operated in India (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $1.3 per unit, falling by -28.2% against the previous year. Overall, the export price recorded a slight decline. The growth pace was the most rapid in 2016 when the average export price increased by 265%. As a result, the export price attained the peak level of $5.4 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($46 per unit), while the average price for exports to Australia ($0.4 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+62.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in India
In 2022, approx. 8.8M units of clock movements; complete and assembled, electrically operateds were imported into India; picking up by 214% against 2021 figures. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of clock movements; complete and assembled, electrically operateds soared to $308K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 102 | 126 | 189 | 201 | 25.4% |
| Switzerland | 4.9 | 0.4 | 5.5 | 53.3 | 121.6% |
| Hong Kong SAR | 7.2 | 0.8 | 3.6 | 48.1 | 88.3% |
| Others | 0.7 | 2.8 | 1.3 | 5.4 | 97.6% |
| Total | 114 | 130 | 200 | 308 | 39.3% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to India in 2022:
- Hong Kong SAR (6.1M units)
- China (2.5M units)
- Switzerland (0.2M units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in India
In 2022, approx. 50K units of clock movements; complete and assembled, electrically operateds were exported from India; increasing by 199% on the year before. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clock movements; complete and assembled, electrically operateds soared to $65K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 8.6 | 16.5 | 91.9% |
| United States | N/A | N/A | 2.6 | 10.5 | 303.8% |
| Nepal | 1.3 | 2.6 | 0.5 | 8.5 | 87.0% |
| Australia | N/A | 2.0 | 3.9 | 7.9 | 98.7% |
| Malaysia | N/A | N/A | N/A | 3.5 | 0% |
| Mauritius | N/A | N/A | N/A | 1.7 | 0% |
| China | 14.8 | 7.5 | N/A | N/A | -49.3% |
| Bangladesh | 1.3 | N/A | N/A | N/A | 0% |
| Others | 4.4 | 3.3 | 14.6 | 16.3 | 54.7% |
| Total | 21.8 | 15.5 | 30.2 | 64.8 | 43.8% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from India in 2022:
- Australia (17.6K units)
- Germany (11.5K units)
- Nepal (10.3K units)
- Malaysia (4.0K units)
- United States (3.7K units)
- Mauritius (0.8K units)
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